TMI BlogWhat is the scope of composition scheme under GST?X X X X Extracts X X X X X X X X Extracts X X X X ..... composition scheme under GST? Ans. Small taxpayers with an aggregate turnover in a preceding financial year up to [Rs. 50 lakhs] shall be eligible for composition levy. Under the scheme, a taxpayer sh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... any tax from his customers. The government may increase the above said limit of 50 lakhs rupees to up to one crore rupees, on the recommendation of GST Council. Tax payers making inter- state supplie ..... X X X X Extracts X X X X X X X X Extracts X X X X
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